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529 News

Ohio to add a second adviser 529 plan

The Ohio Tuition Trust Authority has announced that a second adviser-sold 529 savings program will be launched in 2009 to offer a multi-manager investment platform. The state's current adviser-sold plan, Putnam CollegeAdvantage, is managed by Putnam Investments and features the exclusive use of Putnam mutual funds.

The OTTA also announced that additional fund options are expected to be added to the state's direct-sold 529 savings program, Ohio CollegeAdvantage, in 2009.

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